The North America contact adhesives market is expected to witness a
moderate CAGR during the forecast period (2018 - 2023). The major
factors driving the market are the growing demand from the automotive
industry and the growth in the construction industry. However, the
stringent regulation regarding the VOC emissions is expected to hinder
the market growth.

Growing Demand from Construction Industry is Driving the Market

The commercial construction in the United States has been growing in the
form of offices, malls, restaurants, etc. Additionally, the construction
of super-tall skyscrapers, measuring over 984 feet, is currently under
construction in Chicago, Los Angeles, New York, and San Francisco, while
other cities, like Boston, Austin, and Philadelphia, are also boosting
the commercial construction activities in the United States.

In the commercial construction, the major growth was witnessed in the
healthcare, commercial, and office buildings. The investment in
transportation, communication, and power infrastructure has also
witnessed growth in 2016 and 2017. This will contribute to the demand
for contact adhesives market in the region.

Furniture Industry the Dominant End User

The contact adhesives, owing to their characteristics and physical
properties, are used in millwork, doors, and cabinetry made from wood as
well as in laminated countertops. The different types of adhesives that
are used for bonding furniture are polyurethane adhesives (used that to
cure exposure to moisture and provide environmental resistance) and
hot-melt adhesives (used for assembly work and for bonding decorative
edging, they also increase structural bonding of wood and aid in joining
wood with other materials).

The demand for furniture in the North American region is increasing due
to the growth in the residential and commercial construction. Moreover,
there is an increasing demand for rental furniture in the United States
that is also contributing to the demand for contact adhesives in the
region.